1106 Jakson St, Lynchburg, VA, 24504

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

1106 Jakson St, Lynchburg$75,000

Buyer Closing Credits

$891^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

Year BuiltNew Const., 1907

HeatingForced Air

CoolingNone

BasementYes

WaterfrontOther

Fireplace1 Fireplace

ViewOther

MLS #352149

Lot Size0.10 Acres

StatusActive

About 1106 Jakson St

This historic home is waiting to be reimagined back to life. Home sold as-is. May be eligible for historic preservation grants and other tax programs. Because of its condition, it will only qualify for cash or hard money loans.

View More

Property Details

Property Features

Property Information:

• Architectural Style: Two Story
• Year Built: 1907
• Stories: 2
• Living Area: 2,734 SqFt

Listing Office:

• Office Name: Keller Williams
• Listing Agent: Josh Cline

Interior Features

Interior Information:

• Appliances: Other
• Basement: Yes
• Flooring Type: Carpet, Wood
• Interior: Other
• Fireplace: 1 Fireplace

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 4

Exterior Features

Exterior Information:

• Waterfront: Other
• View: Other
• Exterior: Other

Lot Features

Lot Information:

• Lot: Other, Historic
• Lot Size: 0.10 Acres

Utilities

Utilities Information:

• Heating: Forced Air
• Cooling: None

School Info

Assigned Schools Information:

• Heritage High School, Public District Grades 9-12
• Paul Laurence Dunbar Middle For Innovation, Public Magnet Grades 6-8
• Perrymont Elementary School, Public District Grades PK-5

Other

Directions Information:

• Directions: 5th St, right on Jackson, 11th St block, 3rd house on right.

Price Information

Listing Price Info

Price Summary:

• List Price: $75,000
• Price Per SqFt: $27/SqFt

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

See how this home compares to others in Lynchburg, VA.

Lynchburg, VA

City

Med. Sold Price

$264.7K

Med. Price/SqFt

$151

Avg. Days On Market

20

# of Sold Homes

116

1106 Jakson St vs Lynchburg

12 DAYS ON ROCKET

-8 Days

$75,000

-$189.7K Less

$27/SqFt

-$124 Less

KEY TAKEAWAY

This property is $189.7K less than the Median Sold Price and $124/SqFt less than other homes in Lynchburg, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: Lynchburg
• MLS Number: #352149

Listing Office:

• Office Name: Keller Williams
• Listing Agent: Josh Cline

Information is provided by the Lynchburg Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Lynchburg Association of REALTORS®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/19/2024, 3:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$442

Per Month

Principal & Interest

$375

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$0

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$291

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Virginia›Lynchburg›24504›1106 Jakson St

This home is located at 1106 Jakson St in Lynchburg, VA and zip code 24504 in the College Hill neighborhood. This 2,734 square foot home, which was built in 1907, sits on a 0.10 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 07, 2024 and is currently priced at $75,000.

While more than 37 listings in Lynchburg, VA in April 2024 were sold above asking price, there were more than 45 listings sold at asking price, and more than 34 were sold below. The number of listings in Lynchburg, VA increased by 78.1% between March 2024 and April 2024. The median list price of listings available in April 2024 was $264,764, while the average time on the real estate market was 20 days.

From Rocket Homes Real Estate and based on county public records data.